boom

The cloud boom has hit its stormiest moment yet, and it's costing investors billions

The cloud boom has hit its stormiest moment yet, and it’s costing investors billions

The cloud boom has finally reached an altitude of rest, but Wall Street is doing anything but rest. Amazon.com Inc. AMZN, -4.06%, the original cloud computing pioneer, confirmed Thursday which rivals Microsoft Corp. MSFT, -1.98% and Alphabet Inc. GOOGL, -2.85% GOOG, -2.34% suggested with their earnings reports earlier in the week: Cloud computing growth has …

The cloud boom has hit its stormiest moment yet, and it’s costing investors billions Read More »